Announcement PDF Application for quotation of +securities Announcement Summary Entity name DREADNOUGHT RESOURCES LTD Announcement Type New announcement Date of this announcement Tuesday August 01, 2023 The +securities to be quoted are: +Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted Total number of +securities to be quoted ASX +security code Security description DRE ORDINARY FULLY PAID Refer to next page for full details of the announcement Application for quotation of +securities 1/6 Number of +securities to be quoted Issue date 14,550,001 01/08/2023 Application for quotation of +securities Part 1 - Entity and announcement details 1.1 Name of entity DREADNOUGHT RESOURCES LTD We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules. 1.2 Registered number type Registration number ABN 40119031864 1.3 ASX issuer code DRE 1.4 The announcement is New announcement 1.5 Date of this announcement 1/8/2023 Application for quotation of +securities 2/6 Application for quotation of +securities Part 2 - Type of Issue 2.1 The +securities to be quoted are: +Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted 2.2 The +securities to be quoted are: Additional +securities in a class that is already quoted on ASX ("existing class") Application for quotation of +securities 3/6 Application for quotation of +securities Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B Existing +securities converting into additional +securities in an existing class FROM (Existing Class) ASX +security code and description DREAN : PERFORMANCE RIGHTS TO (Existing Class) ASX +security code and description DRE : ORDINARY FULLY PAID Please state the number of options that were exercised or other +convertible securities that were converted The first date the options were exercised or other +convertible securities were converted The last date the options were exercised or other +convertible securities were converted 1/8/2023 14,550,001 Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by: An issue of new +securities The underlying securities being received by the holder are: Intended to be, but are not yet, quoted by ASX Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Yes Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? Yes Provide details of the KMP or +associates who are exercising options or converting convertible securities Number of options being exercised or other +convertible securities being converted Name of KMP Name of registered holder Dean Tuck Mr Dean Tuck + Dianne Mae Tuck <Tuck Family A/C> 1,666,667 Paul Ian Chapman Paul Ian Chapman 300,000 Matthew James Crowe Mr Matthew James Crowe 1,466,667 Anthony Robert Gee Dr Anthony Robert Gee 300,000 Application for quotation of +securities 4/6 Application for quotation of +securities Philip Crutchfield P D Crutchfield Pty Ltd <Crutchfield Super Fund A/C> 300,000 Debra Ann Fullarton Mrs Debra Ann Fullarton 1,500,000 Issue date 1/8/2023 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Issue details Number of +securities to be quoted 14,550,001 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities Nil cash consideration. Performance rights exercised under Equity Incentive Plan following vesting. Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.053000 Any other information the entity wishes to provide about the +securities to be quoted The Performance Rights vested when the performance conditions applicable to the Class B Performance Rights were satisfied on 5 July 2023 with the confirmation of the delivery of 20.06Mt @ 1.03% TREO at the Company's Mangaroon project. The estimated value above is based on the closing price on the date of issue of $0.053. Application for quotation of +securities 5/6 Application for quotation of +securities Part 4 - Issued capital following quotation Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise: (A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.) 4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application) Total number of +securities on issue ASX +security code and description DRE : ORDINARY FULLY PAID 3,342,278,221 4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX) Total number of +securities on issue ASX +security code and description DREAJ : OPTION EXPIRING 11-AUG-2024 EX $0.06 2,000,000 DREAD : OPTION EXPIRING 30-JUN-2024 EX 0.5C 1,500,000 DREAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES 30,000,000 DREAM : OPTION EXPIRING 16-DEC-2025 EX $0.1575 853,098 DREAN : PERFORMANCE RIGHTS 14,549,996 DREAK : OPTION EXPIRING 26-NOV-2024 EX $0.06 2,000,000 DREAI : OPTION EXPIRING 02-JUL-2024 EX $0.04 12,100,000 DREAO : OPTION EXPIRING 02-MAR-2026 EX $0.12 1,223,151 DREAP : OPTION EXPIRING 14-JUN-2026 EX $0.075 2,000,000 DREAL : OPTION EXPIRING 14-JUL-2025 EX $0.065 8,500,000 Application for quotation of +securities 6/6